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Ubisoft First Half Operating Profit Down By 93%
Ubisoft revealed its sales and earnings figures for the first half of 2019-20 financial year this week, revealing a massive 93 percent year-on-year decline in operating income.
In a press release, Ubisoft pinned the blame almost entirely on Ghost Recon: Breakpoint but it’s worth noting that The Division 2 didn’t meet sales expectations either. However, there was no mention of that in the financial report.
What Ubisoft did mention was strong performances by Assassin’s Creed Odyssey and Rainbow Six Siege. According to the developer, the former saw a “further acceleration of the already very sharp increase delivered in the first quarter in terms of daily player engagement” and the latter boasts record monthly active users (MAUs). Expanding further on these two titles, Ubisoft noted that Assassin’s Creed Odyssey‘s player engagement and sell-through is much higher than Origins‘, and Rainbow Six Siege‘s MAUs were higher in Q2 2019 than Q2 2018. The hit Tom Clancy title has over 50 million registered players and saw a 27 percent viewership increase for its esports event, Six Major Raleigh.
Ubisoft’s CEO Yves Guillemot understandably wasn’t too critical of Ghost Recon: Breakpoint in public but we’ve heard reports that the company is now requiring “super unique” pitches from its development teams after the game’s disastrous performance, both critically and commercially. Ubisoft has also delayed three of its AAA titles (Gods & Monsters, Rainbow Six Quarantine, and Watch Dogs: Legion) in the aftermath, now aiming for cross-gen releases. With a new Assassin’s Creed on its way alongside the aforementioned titles, Ubisoft remains optimistic about the future.
Ubisoft Announces Premium Uplay+ Service - 06/11/2019 12:41 PM
Ubisoft has announced its Uplay+ premium version of their gaming service that will offer access to an entire roster of their games for a single monthly subscription fee. This will launch on September ...
Ubisoft Bypasses Steam Completely with Ghost Recon Breakpoint - 05/12/2019 07:13 AM
Ubisoft has announced Ghost Recon Breakpoint, however this round the game is entirely not going to be available on Steam. Two previous games still could be preordered through Steam, but even that is ...
Ubisoft delays Anno 1800 towards April 16th release - 01/25/2019 07:59 AM
Ubisoft announces that the strategy game Anno 1800 will be released on 16 April. Which means the release of the game is postponed again. The game should have been in shops by the end of 2018, but th...
Corsair Partners with Ubisoft to Light up Tom Clancy’s The Division 2 - 01/24/2019 06:12 PM
Corsair announced a collaboration with video game publisher Ubisoft and developer Massive Entertainment to incorporate dynamic, system-wide lighting integration into Tom Clancy’s The Divisio...
MSI & UbiSoft team up for synchronized RGB Game Lighting - 01/10/2019 08:59 AM
MSI joins forces with the international publisher of interactive entertainment and services Ubisoft to draw gamers deeper into the best-selling video game Assassin's Creed Odyssey with next-gen synch...
Undying
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Posts: 11849
Joined: 2008-08-28
#5727695 Posted on: 11/05/2019 08:26 AM
Shitty games ubisoft reflects that.
Shitty games ubisoft reflects that.
AndyMutz
Senior Member
Posts: 301
Joined: 2005-10-21
Senior Member
Posts: 301
Joined: 2005-10-21
#5727700 Posted on: 11/05/2019 08:32 AM
that's what you get for moving your games off of steam AND releasing messy shit like breakpoint.
-andy-
that's what you get for moving your games off of steam AND releasing messy shit like breakpoint.
-andy-
moo100times
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Senior Member
Posts: 113
Joined: 2012-06-24
#5727702 Posted on: 11/05/2019 08:39 AM
Didn't they also recently spend a lot of money on share buybacks to stop vivendi taking over? I wonder if that has anything to do with this too. I agree games definitely less good but I thought their titles were still selling reasonably?
Didn't they also recently spend a lot of money on share buybacks to stop vivendi taking over? I wonder if that has anything to do with this too. I agree games definitely less good but I thought their titles were still selling reasonably?
Netherwind
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Posts: 6856
Joined: 2009-11-13
#5727713 Posted on: 11/05/2019 09:03 AM
Some yes but not all. I feel like the recent AC games were really good. FC5 was also a step up in the right direction.
Shitty games ubisoft reflects that.
Some yes but not all. I feel like the recent AC games were really good. FC5 was also a step up in the right direction.
KissSh0t
Senior Member
Posts: 7106
Joined: 2011-10-22
Senior Member
Posts: 7106
Joined: 2011-10-22
#5727716 Posted on: 11/05/2019 09:09 AM
Along with the release of Division 2 and the not a real Ghost Recon game could this sharp downturn in profits be related in any way to Ubisoft no longer releasing new video games on Steam / going into a partnership with epic to release new video games outside of the Uplay storefront?
Along with the release of Division 2 and the not a real Ghost Recon game could this sharp downturn in profits be related in any way to Ubisoft no longer releasing new video games on Steam / going into a partnership with epic to release new video games outside of the Uplay storefront?
Backstabak
Senior Member
Posts: 461
Joined: 2015-11-13
Senior Member
Posts: 461
Joined: 2015-11-13
#5727725 Posted on: 11/05/2019 09:47 AM
The problem is they have nothing new, so they only sell older titles like AC:O since Ghost Recon didn't pan out. But quite frankly their games are often quite similar with a lot of the unnecessary open world busy work that they try to monetize through their store. Even though I did enjoy latest AC, most of the game you do basically the same mission over and over just with different in game cutscenes in between.
The problem is they have nothing new, so they only sell older titles like AC:O since Ghost Recon didn't pan out. But quite frankly their games are often quite similar with a lot of the unnecessary open world busy work that they try to monetize through their store. Even though I did enjoy latest AC, most of the game you do basically the same mission over and over just with different in game cutscenes in between.
emperorsfist
Senior Member
Posts: 848
Joined: 2018-08-29
Senior Member
Posts: 848
Joined: 2018-08-29
#5727729 Posted on: 11/05/2019 09:52 AM
Let me "correct" you. All Ubisoft "main IP" games are the same. AC, Ghost Recon, and Far Cry have the identical gameplay loop nowadays. You have a big map that's filled with quest markers, but you mostly do the same stuff over and over again, working with some lightweight RPG system. You gain xp and loot, all the while the game offers you "boosters" to do it quicker, and some useless skins, because most of the time, you'll be playing alone. The only difference is what weapons and camera you use.
The problem is they have nothing new, so they only sell older titles like AC:O since Ghost Recon didn't pan out. But quite frankly their games are often quite similar with a lot of the unnecessary open world busy work that they try to monetize through their store. Even though I did enjoy latest AC, most of the game you do basically the same mission over and over just with different in game cutscenes in between.
Let me "correct" you. All Ubisoft "main IP" games are the same. AC, Ghost Recon, and Far Cry have the identical gameplay loop nowadays. You have a big map that's filled with quest markers, but you mostly do the same stuff over and over again, working with some lightweight RPG system. You gain xp and loot, all the while the game offers you "boosters" to do it quicker, and some useless skins, because most of the time, you'll be playing alone. The only difference is what weapons and camera you use.
Undying
Senior Member
Posts: 11849
Joined: 2008-08-28
Senior Member
Posts: 11849
Joined: 2008-08-28
#5727734 Posted on: 11/05/2019 09:58 AM
You know how they say about Ubisoft game formula. Once you played one you played them all.
You know how they say about Ubisoft game formula. Once you played one you played them all.
FM57
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Joined: 2016-12-28
Senior Member
Posts: 159
Joined: 2016-12-28
#5727736 Posted on: 11/05/2019 10:01 AM
I would be more positive than most of you guys. This is a cyclical business, where the portfolio effect is meant to cover low performing games with a few hits.
This time Ubisoft did not do well BUT they postponed many of future releases to make them better and satisfy their customers.
So I would say they are very good at twhat they do, wise also to make the games right to gain credibility among players. Let's see thei results next year same time.
I would be more positive than most of you guys. This is a cyclical business, where the portfolio effect is meant to cover low performing games with a few hits.
This time Ubisoft did not do well BUT they postponed many of future releases to make them better and satisfy their customers.
So I would say they are very good at twhat they do, wise also to make the games right to gain credibility among players. Let's see thei results next year same time.
go4brendon
Senior Member
Posts: 138
Joined: 2015-01-16
Senior Member
Posts: 138
Joined: 2015-01-16
#5727737 Posted on: 11/05/2019 10:01 AM
Yea and they didnt exactly help themselves with the whole rainbow six siege china sensorship issue awahile back. That put me off that game aswell with the constant nerfs.
Yea and they didnt exactly help themselves with the whole rainbow six siege china sensorship issue awahile back. That put me off that game aswell with the constant nerfs.
emperorsfist
Senior Member
Posts: 848
Joined: 2018-08-29
Senior Member
Posts: 848
Joined: 2018-08-29
#5727738 Posted on: 11/05/2019 10:06 AM
Yeah. Thing is, I could understand if this whole "streamlining" meant that you kinda choose your Ubisoft poison. For me, it's the two new ACs. I never liked the AC gameplay, and the stories were ranging from ok to dumb. But once they basically ripped off most of Witcher 3 (and some principles of Dark Souls' combat), the series kinda entertained me. The rest, though? I don't get how there are people playing all these titles and not go insane from the sheer repetition.
You know how they say about Ubisoft game formula. Once you played one you played them all.
Yeah. Thing is, I could understand if this whole "streamlining" meant that you kinda choose your Ubisoft poison. For me, it's the two new ACs. I never liked the AC gameplay, and the stories were ranging from ok to dumb. But once they basically ripped off most of Witcher 3 (and some principles of Dark Souls' combat), the series kinda entertained me. The rest, though? I don't get how there are people playing all these titles and not go insane from the sheer repetition.
KissSh0t
Senior Member
Posts: 7106
Joined: 2011-10-22
Senior Member
Posts: 7106
Joined: 2011-10-22
#5727739 Posted on: 11/05/2019 10:06 AM
I would be more positive than most of you guys. This is a cyclical business, where the portfolio effect is meant to cover low performing games with a few hits.
This time Ubisoft did not do well BUT they postponed many of future releases to make them better and satisfy their customers.
So I would say they are very good at twhat they do, wise also to make the games right to gain credibility among players. Let's see thei results next year same time.
I see it as Ubisoft pushing back the releases for those games because Ubisoft saw that releasing unfinished games wasn't working as well as it has in the past.
I would be more positive than most of you guys. This is a cyclical business, where the portfolio effect is meant to cover low performing games with a few hits.
This time Ubisoft did not do well BUT they postponed many of future releases to make them better and satisfy their customers.
So I would say they are very good at twhat they do, wise also to make the games right to gain credibility among players. Let's see thei results next year same time.
I see it as Ubisoft pushing back the releases for those games because Ubisoft saw that releasing unfinished games wasn't working as well as it has in the past.
emperorsfist
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Posts: 848
Joined: 2018-08-29
Senior Member
Posts: 848
Joined: 2018-08-29
#5727741 Posted on: 11/05/2019 10:13 AM
To be fair, I had some giggles out of the release of both Watch_Dogs and AC: Unity. I guess it wasn't as funny to those who got those games day one...
To be fair, I had some giggles out of the release of both Watch_Dogs and AC: Unity. I guess it wasn't as funny to those who got those games day one...
Undying
Senior Member
Posts: 11849
Joined: 2008-08-28
Senior Member
Posts: 11849
Joined: 2008-08-28
#5727749 Posted on: 11/05/2019 10:17 AM
There is one game from ubisoft that im excited about isnt even announced yet and thats Splinter Cell.
I musy say WD3 looks interesting with all that "play whoever you want". I guess thats different.
Yeah. Thing is, I could understand if this whole "streamlining" meant that you kinda choose your Ubisoft poison. For me, it's the two new ACs. I never liked the AC gameplay, and the stories were ranging from ok to dumb. But once they basically ripped off most of Witcher 3 (and some principles of Dark Souls' combat), the series kinda entertained me. The rest, though? I don't get how there are people playing all these titles and not go insane from the sheer repetition.
There is one game from ubisoft that im excited about isnt even announced yet and thats Splinter Cell.
I musy say WD3 looks interesting with all that "play whoever you want". I guess thats different.
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Whoah.... 93% down... that's a lot of money not coming in.